Report: Flat-screen TV boom is far from over

Consumers in the U.S. and UK may have started slowing down the process of replacing their old CRT televisions with fancy new flat-screens. But happily for TV manufacturers, there are still plenty of bulky cathode ray-tube sets to be replaced in emerging markets like China, Russia, Brazil and Mexico.

In March, research company IHS iSuppli released projections showing that U.S. shipments of flat-screen TVs would decline by 5 percent this year to around 37 milion — the first recession since newer TV technologies like plasma began to emerge in the late 1990s.